Metaverse in Packaging - Thematic Intelligence

Metaverse in Packaging - Thematic Intelligence

Summary

The metaverse is a virtual world where users share experiences and interact in real-time within simulated scenarios. It is still largely conceptual but could transform how people work, shop, communicate, and consume content. The future of the metaverse is bright, but as with any new technology, there will be setbacks and a loss of enthusiasm as reality catches up with hype. In 2023, the metaverse will experience a winter. However, it is not all doom and gloom. While the metaverse winter will see reduced media coverage and temporarily lower investments, the global trend towards a more connected digital world will continue. GlobalData predicts that global metaverse market revenue will reach $627 billion by 2030. For the packaging industry, there will be new benefits arising from the enterprise metaverse. Many of the vital metaverse technologies are already being used or piloted by packaging companies. For example, packaging companies have brought together artificial intelligence (AI), AR, VR, cloud, the Internet of Things (IoT), and other technologies to monitor and maintain key assets remotely. The sector could also use immersive metaverse solutions to optimize packaging design and quality control-testing prototypes in a virtual world before bringing them to market. Another disruptive benefit of the metaverse will be using underlying blockchain and digital twin technologies to assist in creating more transparent and traceable supply chains in the packaging sector.

Scope

• Detailed analysis of key challenges for the packaging industry including the future of work, cybersecurity, quality control, digitalization, and much more.
• Forecasts to 2030 for the metaverse market, split into its key components.
• Review of the segments of the metaverse value chain to invest, explore, or ignore, for packaging players.
• The metaverse in packaging timeline.
• The leading adopters of the metaverse in the packaging sector, the top specialist vendors for the metaverse in the packaging sector, and cross-sector metaverse vendors.

Reasons to Buy

• Position yourself for success by understanding the ways in which the metaverse can help to solve the major challenges for the packaging industry.
• Identify the leading and specialist vendors of metaverse solutions for the packaging industry.
• Discover what each vendor offers and who some of their existing clients are.
• Quickly identify attractive investment targets in the packaging industry by understanding which companies are most likely to be winners in the future based on our thematic scorecard.
• Gain a competitive advantage in the packaging industry over your competitors by understanding the potential of metaverse solutions in the future.